What is eligibility for personal loan?
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Ongoing, First published Sep 28, 2023
Eligibility for a personal loan typically depends on factors like age, employment type, and minimum monthly salary. Lenders often require applicants to be aged 21 to 55 years, employed as salaried individuals, and earning a minimum monthly salary, often around ₹20,000. In addition, a stable employment history, usually at least six months with the current employer, can enhance eligibility. 

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